National Cinemedia Inc (NASDAQ: NCMI) closed the day trading at $5.28 down -1.40% from the previous closing price of $5.35. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1124988 shares were traded.
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Ratios:
For a better understanding of NCMI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on March 19, 2024, Upgraded its rating to Buy and sets its target price to $6.75 from $4.50 previously.
B. Riley Securities reiterated its Neutral rating for the stock on January 03, 2023, while the target price for the stock was revised from $0.50 to $0.25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 ’24 when Felenstein Scott D sold 4,126 shares for $4.26 per share. The transaction valued at 17,564 led to the insider holds 35,301 shares of the business.
Woods Maria VG sold 1,517 shares of NCMI for $6,458 on Feb 26 ’24. The EVP, General Counsel now owns 12,100 shares after completing the transaction at $4.26 per share. On Feb 26 ’24, another insider, Ng Ronnie Y., who serves as the Chief Financial Officer of the company, sold 1,275 shares for $4.26 each. As a result, the insider received 5,428 and left with 11,788 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NCMI now has a Market Capitalization of 511.80M and an Enterprise Value of 487.20M. As of this moment, National’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.89, and their Forward P/E ratio for the next fiscal year is 32.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.10 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 2.95 whereas that against EBITDA is 0.65.
Stock Price History:
Over the past 52 weeks, NCMI has reached a high of $6.49, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 4.23, while the 200-Day Moving Average is calculated to be 4.01.
Shares Statistics:
Over the past 3-months, NCMI traded about 566.57K shares per day on average, while over the past 10 days, NCMI traded about 1.77M shares per day. A total of 96.84M shares are outstanding, with a floating share count of 64.10M. Insiders hold about 33.93% of the company’s shares, while institutions hold 42.39% stake in the company. Shares short for NCMI as of Feb 29, 2024 were 3.45M with a Short Ratio of 6.09, compared to 2.7M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.57% and a Short% of Float of 4.93%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 16.07.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.12, while EPS last year was -$3.1. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.09 and $0 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.12, with 2 analysts recommending between $0.23 and $0.02.
Revenue Estimates
3 analysts predict $34.67M in revenue for the current quarter. It ranges from a high estimate of $35M to a low estimate of $34.4M. As of the current estimate, National Cinemedia Inc’s year-ago sales were $34.9M, an estimated decrease of -0.70% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $53.78M, a decrease of -16.50% less than the figure of -$0.70% in the same quarter last year. There is a high estimate of $56.7M for the next quarter, whereas the lowest estimate is $51.23M.
A total of 3 analysts have provided revenue estimates for NCMI’s current fiscal year. The highest revenue estimate was $247.1M, while the lowest revenue estimate was $239.8M, resulting in an average revenue estimate of $243.96M. In the same quarter a year ago, actual revenue was $165.2M, up 47.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $287.75M in the next fiscal year. The high estimate is $301.9M and the low estimate is $273M. The average revenue growth estimate for next year is up 17.90% from the average revenue estimate for this year.
